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20121205
20121213
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if these tax extenders have to be dealt with by the end of the year and in the fiscal cliff negotiations, what are the options for congress right now? on december, what is it, 6 today? guest: to be honest, these are kind of an after thought at this point because often as i said just all of these are extended for a year or two at a time. they talk about trying to make the list shorter but if they have to, if it's like december 29 and they need to pass something, all they have to do is pass everything for a year and it won't cost so much. but get to this after they figure out the bigger question. host: but they can do it in one bill? they can say tax extenders and list the different -- guest: exactly. it will go in the big fiscal compromise and you won't a lot about it unless someone says, wait, they passed a reduction deal and they probably will. tax ex tenders were the in the tarp, the financial bailout. so they usually get snuck into these big billless. host: right now what's the status of these so-called tax extenders? guest: so the finance committee, the senate finance committee passed a bi
on the fiscal cliff. >> how does it play into fiscal cliff negotiation? >> you would think it gives them a sobering sense of if we do the right thing, maybe the economy keeps growing, if we do the wrong thing, might tip the united states. some think even the possibility of another global recession. you would think it would be a motivation to get things done. if you listen to what's said publicly, see if they're working out a deal privately, there are staff level conversations but most of the big voices dug in. >> you had a fascinating interview with the head of the international monitoring fund, it will air sunday on "state of the union." let me play a clip. what happens in fiscal cliff negotiations in washington could have a huge impact around the world. >> there's still that degree of uncertainty that fuels doubt, that prevents investors, entrepreneurs, households from making decisions because they don't know what tomorrow will be. they know that a fix has been found for today but there is still work to be done tomorrow and day after tomorrow. so it would be much better to actually hav
"/abc poll of handling of fiscal cliff negotiations, obama, 47% approve, 46% disapprove. boehner, 24% approve. 54% disapprove. i would say, the republican party continues to have a branding problem. >> there is. >> or a disintegrating problem in washington. >> it is a branding problem that was born of chaos in the primary process that continues. there is a great "politico" article that actually talks about the republican problem with branding. and talks about -- >> it's a great piece. >> have you seen this? >> yeah. >> the republican party has a branding problem. these are researchers that say -- we asked 22, 23 different topics, whether americans related more to the democratic party or the republican party. 22 of the 23, they appeal more to democrats. >> yeah. >> it is a generalized, massive branding problem over what's happened nationally over the past year. >> except in the south. >> the piece, in part, points out that unlike people who sit around here, most people, normal people out there in america react emotionally to politics when they hear phrases, they react emotionally. does this re
looking for work. earlier today on capitol hill john boehner commented on the fiscal cliff negotiations with reporters. >> this isn't a progress report because there is no progress to report. when it comes to the fiscal cliff that is threatening our economy and jobs the white house has wastde another week. secretary gitener came here to offer a plan that had twice the tax hikes that the president campaigned on and had more stimulus spending thanned the in cuts. and an indefinite increase in the debt limit like for ever. now four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there has been no count offer from the white house. instead reports indicate that the president has adopted a deliberate stradgeji to slow walk our economy right to the edge of the fiscal cliff. instead of reforming the tax code and cutting spending, the president wants to raise tax rates. but even if the president got the tax rate hike that he wanted, understand that we would continue to see trillion dollar deficits for as far as the eye can see. w
cliff negotiations and debate continues, i think it's important to remember that washington doesn't have a revenue problem. it has a spending problem. and under this administration, under president obama, we have seen record deficits and a record debt accumulate and yet he keeps demanding that we raise taxes in order to pay for more spending. this will only hurt our economy, ernston young has done an analysis of the president's proposal. and said that it would cost 700,000 jobs, at a time when our economy continues to struggle. there's a better way and the speaker has laid it out. it is an approach that calls for tax refoach. -- reform. by reforming the tax code and passing responsible spending cuts in order to get our fiscal house in order. that's what america wants. this is our opportunity to do the big things. this is our moment to provide that leadership that america desperately wants. and we stand here ready to take the action necessary. >> american people are hurting right now and now is the moment where we need to step up to the plate and solve the problem. i don't know how any of
to actually get something done to avoid the fiscal cliff. >> and what's going on in those negotiations that we don't know. >> exactly. so we going to talk to the man who may know right? >> the man who's wired in washington. >> exactly. bob woodward knows the white house and he's covering washington for years. he'll be on later this morning. >> announcer: this portion of "cbs this morning" sponsored by international delight coffee creamers. what's your i.d.? who thinks two is better than one? so all of you do. yes, for sure. now what's better? being able to shoot two lasers out of both of your eyes at the same time or just one laser out of one eye? [ all kids ] two! [ moderator ] okay, why? if it's just one beam -- okay, it does a little bit of damage. two beams -- it will make something explode! and that's more fun? yeah! and it's more powerful you're saying? yeah! [ male announcer ] it's not complicated. doing two things at once is better. and only at&t's network lets you talk and surf on your iphone 5. ♪ ♪ online outfit piccolo headphones buy now broadway show meg
cliff to show that neither he nor democrats in congress are acting in good faith in these negotiations. with just a few weeks ago before a potentially entirely avoidable blow to the economy, the president proposed a plan the members of his own party will even vote for. he is not interested in a balanced agreement, not particularly interested in avoiding the fiscal cliff, and clearly not interested at all in cutting any spending. with the president is really in, as we learned just yesterday, is getting as much taxpayer money as he can, first by raising taxes on small businesses who he believes are making too much money, and then on everybody else. not so he can lower the debt or the deficit, but so he can spend to his heart's content. for months, the president has been saying that all he wanted to raise taxes on the top 2% so he can tackle the debt and the deficit. however, yesterday, he finally revealed that that is not really is true intent. by demanding the power to raise the debt limit whenever he wants, by as much as he wants, he showed what he is really after is assuming unprecede
Search Results 0 to 6 of about 7